The boss of G4S has promised that heads will roll at senior levels over the
company’s failure to provide sufficient security staff for the Olympics.

In its first detailed breakdown of the impact of the disaster, G4S revealed
yesterday that it had lost £50 million on its ill-fated Olympic work,
contributing to a 60 per cent fall in half-year profits to £61 million.

Nick Buckles, G4S’s chief executive, admitted to The Times that
the company’s ability to secure future government contracts was uncertain.
He said that G4S has decided not to tender for security work at the 2014
Commonwealth Games